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Source document· July 12, 2026

Warren Buffett Is Piling Up Cash as the Stock Market Wobbles. Here's What That Tells Investors.

View original at nasdaq.com
Warren Buffett Is Piling Up Cash as the Stock Market Wobbles. Here's What That Tells Investors. Key Points Berkshire ended the first quarter with a record $397 billion in cash and Treasury bills…
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  • Buffett has warned against treating his large cash position as a market forecast or crash signal.

    60% confidence
  • Patience is reasonable when prices are this high, and Berkshire has quietly positioned itself to act if the mood sours.

    60% confidence
  • When the most famous value investor of the past century would rather collect a risk-free 3.7% than buy more of what's on offer, that itself says something; it's a quiet comment on valuations.

    60% confidence
  • Cash represents optionality, the ability to move decisively when something cheap comes along.

    60% confidence
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Biotech Catalyst Wave: Late-2026 Clinical Readouts, PDUFA Dates and Capital Restructuring
A dense cluster of Q4 2026 to Q1 2027 clinical and regulatory catalysts spans hepatitis delta (Vir's ECLIPSE/SOLSTICE), hypertension and sleep apnea (Mineralys' lorundrostat, PDUFA 2026-12-22), severe hypertriglyceridemia (plozasiran), oncology (ivonescimab BLA, PDUFA 2026-11-14) and gene therapy (Krystal). Positive data flow from AASLD and AHA presentations is offset by cost-cutting guidance, milestones slipping into 2027, and a delisting process that signals capital-market stress for some issuers. Near-term value hinges on binary FDA decisions and Phase 3 topline readouts in Q1 2027.
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EPKINLY Regulatory-Clinical Success Cascade
High probability of expanded label indications, additional combination approvals, and competitive positioning strength in follicular lymphoma market. Predicts positive commercial uptake and potential accelerated review for related indications.
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Where sources disagree
Ford Motor Company
Both facts give cash for Ford Motor Company at the same point in time (2025-12-31; FY 2025 year-end and Q4 2025 year-end are the same date). Both are labelled USD, but the values are 23,356,000,000 and 23.356, which cannot both be true in USD. The two numbers agree once the second is read as billions (23.356 bn = 23,356,000,000), so the economic content is consistent and the conflict is a unit/scale error in the Q4 2025 record. The period is not the reason for the conflict: a Q4 and an FY figure at the same year-end date should match.
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Warren Buffett Is Piling Up Cash as the Stock Market Wobbles. Here's What That Tells Investors. — Source | Via News | Via News